The Hitachi Foundation


The Hitachi Foundation is an independent, nonprofit philanthropic organization founded in 1985 with an endowment from Hitachi, Ltd. Its stated mission is to "discover, demonstrate and expand business practices that both measurably improve economic opportunities for low-wealth individuals in the U.S. and enhance long-term business value." The Hitachi Foundation capitalizes "The" in its name as its official title. The Hitachi Foundation does not issue Requests for Proposals. Proposals may only be submitted at the Foundation's invitation.
The Foundation concentrates its efforts and funds into two programs, with numerous projects operating under each one: Good Companies @ Work and Entrepreneurship @ Work. As of 2014, the Hitachi Community Action Program was transferred from the Foundation to Hitachi's Corporate Social Responsibility office.
On November 28, 2016, The Hitachi Foundation announced the launch of the . According to the , the Foundation made three final gifts totaling $11 million. The unrestricted monetary gifts and their recipients are $4 million to the Aspen Institute in Washington, DC; $4 million to the MIT Sloan School of Management in Cambridge, Massachusetts; and $3 million to Investors' Circle in Durham, North Carolina.

Good Companies @ Work Program

The Good Companies at Work Program, formerly the Business and Work Program, is to operate as a catalyst for firms to create and sustain quality jobs by drawing attention to innovative business approaches, highlighting the business practices of firms that have "outperformed their peers while providing quality jobs and pathways to the middle-class for workers." With this program, the Foundation invests in new solutions for businesses and nonprofit organizations to address social challenges, such as building career paths for low-income individuals and training incumbent workers. Partners include the Manufacturing Institute of the National Association of Manufacturers and the Precision Metalforming Association, , and the UCSF Center for Health Professions.
The Hitachi Foundation's identified close to 100 employers committed to the upward economic mobility of their employees – and have added business value to their companies as a result. Most of these firms are concentrated in the industries of healthcare and manufacturing, two large and influential sectors that employ significant numbers of lower-wage people, and have added jobs since the recession." Retrieved September 16, 2014, from The Hitachi Foundation Web site:
The Hitachi Foundation also joined with the Robert Wood Johnson Foundation to launch Jobs to Careers: Promoting Work Based Learning for Quality Care. The $14 million initiative supports partnerships between employers and educational institutions to promote the workforce development for frontline healthcare workers.
Another major portion of The Hitachi Foundation's Business and Communities Grants Program is its focus on Corporate Citizenship.

Entrepreneurship @ Work Program

The Hitachi Foundation's 2014 Strategic Plan created the Entrepreneurship @ Work program, which works with early-stage ventures as they grow and secure capital. This program formerly operated the that ceased in 2013. Retrieved September 16, 2014, from The Hitachi Foundation Website: The centerpiece of Entrepreneurship @ Work for 2014 was a new initiative, SOURCE: Solutions from Our Country's Entrepreneurs. SOURCE cultivates the U.S. entrepreneurial economy by helping promising companies become investor-ready.
The Entrepreneurship @ Work Program formerly operated the Yoshiyama Young Entrepreneur Program.

Yoshiyama Young Entrepreneur Program

From 2010 to 2013, the Yoshiyama Young Entrepreneurs Program identified and supported inspiring young entrepreneurs whose work helped to alleviate domestic poverty. This competitive program was open to entrepreneurs who operated viable businesses in the United States with the dual purpose of making a difference and making a living. Entrepreneurs must have launched their business before they reached age 30 and their business must have been between one and five years old. This program is no longer in existence.
Award Recipients:
2013
Emily Doubilet and Jessica Holsey, Susty Party
Kaben Smallwood, Shelby Smallwood, and Keith Scott, Symbiotic Aquaponic LLC
Ted Gonder, Moneythink
Kyle Murdock, Sea Hag Seafood
Vineet Singal, Anjna Patient Education
2012
Vanessa Bartram, WorkSquare
Shane Gring and Stephen Lepke, BOULD
Cody Hopkins, Falling Sky Farm
John Piercy, Neighbor Capital
2011
Andy Posner, Capital Good Fund
Lacy Asbill and Elana Metz, Moving Forward Education
Tyler Gage and Dan MacCombie, Runa
Garrett Neiman, SEE College Prep
Blaine Mickens, Young Picasso Painting
2010
Alex Velez and Nikhil Arora, BTTR Ventures
Andrew Butcher, GTECH
Jessamyn Rodriguez, Hot Bread Kitchen
Rohan Mathew and Joseph Shure, The Intersect Fund
Caleb Zigas and Leticia Landa, La Cocina, Inc.
Jason Aramburu, re:char

The Hitachi Community Action Partnership

In 1987, The Hitachi Foundation and Hitachi companies established the Hitachi Community Action Partnership community engagement program. Through this program, teams of Hitachi corporate employees, known as Community Action Committees, identify priority issues facing their communities and make grants and organize volunteer efforts. As of 2014, the Hitachi Community Action Program was transferred from the Foundation to Hitachi's Corporate Social Responsibility office.

The Yoshiyama Award for Exemplary Service to the Community

The Yoshiyama Award was initiated in 1988 when Mr. Hirokichi Yoshiyama, former president and Chairman of Hitachi, Ltd. in Tokyo, Japan, donated funds upon his retirement to the program. Each year up to 10 high school seniors are hand-picked from hundreds of nominees to receive this award based on the significance and breadth of their service to the community. A diverse panel of leaders from various professions selects the award recipients. Students selected for the Yoshiyama Award are expected to have made sustainable change in their community. The Foundation is especially interested in students whose community-service efforts help underserved individuals move closer to the economic mainstream. Award recipients receive a $5,000 gift, which the student may use however he or she chooses. The Yoshiyama Award is not a scholarship program.
2000 awardees:
2006 awardees:
The Hitachi Foundation is a member of the Hands On Network Corporate Service Council Advisory Board; a network of 52 nationally and internationally known corporations and nonprofit organizations – including UPS and 3m – that bring people together to try and solve community problems through service.
In September 2005, The Hitachi Foundation and Hitachi America, Ltd. joined together to give a $1,000,000 donation to the American Red Cross for Hurricane Katrina Relief Efforts.
The Hitachi Foundation sponsors the Elliot L. Richardson Prize for Excellence in Public Service, a program of the Council for Excellence in Government
The Hitachi Foundation sponsors the State of Corporate Citizenship Survey, administered by the Center for Corporate Citizenship at Boston College.